589 Iona Court
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589 Iona Court

A

Escondido, CA 92027

$750,000
NEW — 0d

Beds

3

Baths

2

Sqft

1,330

Year Built

1996

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

DW26148576

This property is in Escondido (92027). View neighborhood stats →

About This Property

Welcome to Iona Court, a beautifully updated single-story home tucked away on a quiet cul-de-sac. This move in residence offers 3 bedrooms, 2 bathrooms, and approximately 1,330 square feet of thoughtfully designed living space. Step inside to discover an open floor plan, featuring vaulted ceilings and newer laminate flooring installed in 2025, creating a warm and modern feel throughout. The home also features updated plumbing completed in 2024. One of this property's standout features is the fully paid solar system. Enjoy nearby Dixon Lake and Daley Ranch, where you can explore scenic hiking trails, fishing, picnicking and beautiful natural surroundings just minutes away from home.

Mortgage Calculator

Est. Monthly Payment

$4,761

Principal & Interest$3,792
Property Tax$750
Insurance$219
%($150,000)
%

Location

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Investment Score

56B
Est. Monthly Rent
$4,070
Monthly Cashflow

Rent − PITIA

$-691
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,253

Mortgage (P+I)
$3,792
Cap Rate
2.46%
Cash-on-Cash
-18.02%
DSCR

Need ≥ 1.25 for DSCR loan

0.85
Break-even Rent
$6,995

NOI (Annual)
$18,479
Price-to-Rent

Lower = better for investors

15.4

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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